Stop GREC
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As a public utility, GRU is a pay-as-you-go brick and mortar business. They are not working on the next killer app, or developing a high tech gizmo.
GRU, which already has $1,000,000,000 in outstanding debt, has signed a devastatingly opportunistic $3 billion (yes, that's BILLION) contract with a corporation that proposes to burn our woodlands for electric energy generation. How they have gotten this much in debt may be revealed if the ratepayers are successful in instigating a forensic audit of GRU's bungled finances. Our calculations show that at a 75 mile harvest radius, GREC will be a proxy fossil fuel (gasoline and diesel) power plant, with added environmental degradation attendant with harvesting, transporting, processing and eliminating waste from burning wood.
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Gainesville, FL
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